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. >> people voting the way obama did. >> what happened in 2011, republicans in congress demanded and said they would let america default if they did not get the items on their agenda. that was consequential and unprecedented and the result was bad for everyone. >> two weeks ago, the committee for responsible federal budget, which includes democrats and republicans, including tyson and others, they put out a paper on raising revenue on high earners. they say that there is a middle ground in which democrats will raise higher revenues. you just don't agree with their numbers? >> independent economists have assessed that. when you talk about wiping out the charitable deduction or the mortgage deduction in a way that taxes and middle-class americans that violates the fundamental preliminary that the president has -- in order to preserve low tax rates for wealthy americans, to ask the middle class to pay the price is not going to happen. it's not just the policy. >> only taxes on those families making $250,000. >> every proposal that has been seen and analyzed imagine you can achieve the n
. >> people voting the way obama did. >> what happened in 2011, republicans in congress demanded and said they would let america default if they did not get the items on their agenda. that was consequential and unprecedented and the result was bad for everyone. >> two weeks ago, the committee for responsible federal budget, which includes democrats and republicans, including tyson and others, they put out a paper on raising revenue on high earners. they say that there is a...
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for american progress has put forward, but how would you bridge the divide between where boehner and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower the rates. we now have the president's proposing raising the rates and opposing a base-broadening measure. republicans want to keep the rate same and run the base, but that is different. bowles-simpson had it right. i look at the logic of the white house with regard to the idea of capping a itemized deductions. i would like to take a look at it from a cost-benefit point of view. we're looking at tax expenditures, and we should benefits inst of doing it. they're against it for two reasons, the first one was effected some taxpayers making less than 2 hen $50,000, which is true. this would be a $50,000 cap,
for american progress has put forward, but how would you bridge the divide between where boehner and obama is, on the specific issue of revenue and overhauling the tax code? >> taken. my job is to tell my clients what is going to happen, not what i would like to happen. i would like to take a close look at what is being proposed. with regard to taxes and deductions, what i am struck by is how rapidly the debate is moving away from bull's best said. polls-simpson said brown the base, lower...
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bush, veten democratic politicos strategist and republican pollster. president obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. the president's steered clear of defining those consequens. egis political crisis is widening cajon. a general strikeo protest the presence unrestricted new powers. in this country's hospits that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how high is that this book of? we begin tonight with the fiscal clef which produced more far spent progress rejecting the speaker of the house cla that no progress is being made >> the house speaker said on fox news sunday right now i would say we are nowhere in terms of the fiscal cliff negotiations. does the president agree? >> no, he does not. you saw secretary geithner over the weekend on aaoth sunday shows very clearly express the president's poition, talk about the proposals the president has put forward and express our belief that there has been progss and th
bush, veten democratic politicos strategist and republican pollster. president obama issued a warning to syrian leader declaring there will be consequences if syria uses chemical weapons on its own people. the president's steered clear of defining those consequens. egis political crisis is widening cajon. a general strikeo protest the presence unrestricted new powers. in this country's hospits that deadly new bacteria that is more than just drug-resistant, it is draw prevent spreading. just how...
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bill crystal. >> we can say president obama is overreaching. at the end of the day he is selling a very simple message, i want to keep taxes low for middle class americans, and republicans are in the position of looking like they don't care about the middle class. >> stephanie: that would be horrible if people had some sort of impression like that? that would be horrible. >> god! >> stephanie: that would be crazy -- [ cuckoo clock chimes ] >> where do they get this. >> stephanie: oh really? sarah palin? >> yeah. she keeps showing up. >> barack obama is a socialist. he believes in socialism in redistributing health in confiscating hard-earned dollars of our small businessmen and women so they cannot reinvest their dollars and hire more people and expand. barack obama has not had a budget in the four years he has been in office and not been worried about it and continues to spend recklessly other people's money, and that is a sign of that idea of loving socialism. >> stephanie: okay. i think we can confirm it now, she gets paid by the word. [ bel
bill crystal. >> we can say president obama is overreaching. at the end of the day he is selling a very simple message, i want to keep taxes low for middle class americans, and republicans are in the position of looking like they don't care about the middle class. >> stephanie: that would be horrible if people had some sort of impression like that? that would be horrible. >> god! >> stephanie: that would be crazy -- [ cuckoo clock chimes ] >> where do they get...
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the two governors will join me, one a republican. there's a new report president obama is considering. vogue editor anna winteror to be the next u.s. ambassador to the uk or france. do you believe that report? it's our gut check. be sure to check out our "news nation" tumblr page. you'll see behind the scene pictures and we got this picture of wynton march sal less yesterday in the house. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. yeah, the cisco ucsc series server, with the intel xeon processors, help us scale smoothly, like a perfect golf swing. how was it before? clunky and full of unnecessary impediments. like charles' swing. i heard that. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock.
the two governors will join me, one a republican. there's a new report president obama is considering. vogue editor anna winteror to be the next u.s. ambassador to the uk or france. do you believe that report? it's our gut check. be sure to check out our "news nation" tumblr page. you'll see behind the scene pictures and we got this picture of wynton march sal less yesterday in the house. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions,...
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the republicans in general is mitt -- president obama has a much much better understanding of the strategy we have in afghanistan, the strategy that we have in iraq he has a much better understanding of that strategy than mitt romney. i'll be honest with you stephanie. i did the same type of mission that allen west did. i have done that mission. >> stephanie: right >> caller: and i have had a lot of training in counter insurgency, and the way president obama has understood that concept is much better -- is much more in line -- >> stephanie: mitt romney i think just ended up trying to run against anything obama was for he was just against or it was bad. and i think you are right. it's hard to fault the president on foreign policy. we did what he ran on. >> caller: right. and the thing with iraq -- the strategy we had in iraq was basically -- people got mad because he didn't leave immediately and people got mad because he didn't stay there long enough. the strategy followed the doctrine of counter insurgency which is you stabilize the government -- you can't just leave. you have to build up
the republicans in general is mitt -- president obama has a much much better understanding of the strategy we have in afghanistan, the strategy that we have in iraq he has a much better understanding of that strategy than mitt romney. i'll be honest with you stephanie. i did the same type of mission that allen west did. i have done that mission. >> stephanie: right >> caller: and i have had a lot of training in counter insurgency, and the way president obama has understood that...
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all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase. congress will automatically get a raise. theys hould stop that. they don't need the money anymore. they have plenty. obama is going to have his way, and that's it. host: can you hang on the line? let me get your reaction from larry duncan on twitter who says -- what do you think, margaret? caller: i think that is correct. there are a lot of loopholes but they do not want to do this. they are happy because they are getting this extra money. if obama gets -- i don't have a charge card. i am paying off all my debt. we should pay off all large debt. how much are we paying for this debt that we go? that
all the republicans have done for the last four years is say no, no, no to any kind of -- and obama has tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase....
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president obama just sat down for an interview with bloomberg and says the tax rates -- the republicans say don't raise rates. but let's close out loopholes and get rid of deductions. all you should care about is how much revenue you are getting. why do you care fit' a rate or deduction. increase the revenue. president obama says no i need rates to go up on the rich. now he's saying rates have to go up. they have to go up on the rich. but then we can talk about lower them again next year. we'll chat. we'll have more time then we can discuss the loopholes abductional earn tough deductions to rates. >> we are 400 days away from the first primaries of the 2014 elect cycle. every day we get closer to those primaries the likelihood of a big deal, something large taking place gets less. so the president is saying there, never minds. what he's saying there -- he knows the political reality of this, having suffered the worst mid-term defeat of any president in 60 years. he knows what happens in mid-term elections. what he's saying is give me what i want now and i'll talk about it later but i'll
president obama just sat down for an interview with bloomberg and says the tax rates -- the republicans say don't raise rates. but let's close out loopholes and get rid of deductions. all you should care about is how much revenue you are getting. why do you care fit' a rate or deduction. increase the revenue. president obama says no i need rates to go up on the rich. now he's saying rates have to go up. they have to go up on the rich. but then we can talk about lower them again next year. we'll...
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because obama's not a liberal enough. >> run against -- if there were a republican president. if john kerry were right and mccain is president and you know you go run against president mccain. can you imagine how they would be howling on the right wing? >> bill: they would have been demanding they shut down the network. take their license away, the whole thing. roger does this. the accusation that fox is nothing but the propaganda arm or the broadcast arm of the republican national committee is right. you know. >> by the way, this piece is by bob woodward. this is not some kid. >> bill: i didn't notice that. >> it is by bob woodward. he dug this out somewhere. somebody came to him with it. that adds weight to it. but you know, it is like we've always said, nothing about fox is shocking, you know. so they benefit from the ridiculously low expectations because nobody expects them even to be a serious even-handed news network. >> bill: as a segue, i guess nobody expected a serious counter proposal to come from john boehner. and we didn't get it yesterday. so republicans have been
because obama's not a liberal enough. >> run against -- if there were a republican president. if john kerry were right and mccain is president and you know you go run against president mccain. can you imagine how they would be howling on the right wing? >> bill: they would have been demanding they shut down the network. take their license away, the whole thing. roger does this. the accusation that fox is nothing but the propaganda arm or the broadcast arm of the republican national...
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>> i don't necessarily think president obama cares that much either. his leg legacy is about obamacare, redistribution. and you can't control the economy. you can divide the pie better, but it will have these cycles. bush messed things up. i did the best i could, but he'll redistribute and that will happen, we'll spread the wealth around. and i don't think he cares that much about it. >> you don't think he cares about -- >> his chief of staff during the cry says said you'll be -- this is job one, the crisis. and he go that's not enough. he wants to be transformative. i don't know. we'll see. i asked the first time around why isn't he more concerned with job growth, private sector, business, the economy. >> he is putting more stimulus in. >> that's smart. 25% spending or -- >> i'm saying that will be the line you get from the white house, that we're putting more stimulus into this, we're looking to protect the middle class to make sure they can continue to spend. >> at 25% of gdp, i wouldn't think about anything except trying to rein in government. >> t
>> i don't necessarily think president obama cares that much either. his leg legacy is about obamacare, redistribution. and you can't control the economy. you can divide the pie better, but it will have these cycles. bush messed things up. i did the best i could, but he'll redistribute and that will happen, we'll spread the wealth around. and i don't think he cares that much about it. >> you don't think he cares about -- >> his chief of staff during the cry says said you'll be...
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but a top obama aide yesterday told chuck todd that if the republicans -- if these republicans were in power when abraham lincoln were there, there would still be slavery. does that help the process move along? or does it hurt? i don't really know -- >> reading between the lines. >> i know one direction, i know boy bands. >> reading between the lines, that's probably a bad omen. we do have four weeks, though. >> that's bad. >> absolutely. we have, i believe, we have 27 negotiating days. until the year end. >> there is a rule in life. >> what is that rule? >> i think that slavery analogies and hitler jokes never work out well. >> you don't do that. >> never end well. >> usually they have a bad, you know -- >> but if you're a reporter covering this story now, you don't need to sort of badger people at the white house or on the hill for negative stuff on the other side. they're reaching out to blast, and, again, maybe it'll all settle out in the end, but -- >> who's they? >> people at the white house and republicans on the hill. they're looking for opportunities to blast the other side. >
but a top obama aide yesterday told chuck todd that if the republicans -- if these republicans were in power when abraham lincoln were there, there would still be slavery. does that help the process move along? or does it hurt? i don't really know -- >> reading between the lines. >> i know one direction, i know boy bands. >> reading between the lines, that's probably a bad omen. we do have four weeks, though. >> that's bad. >> absolutely. we have, i believe, we...
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republicans and joined obama to extend the bush era tax rates. first time university law professor looked at the history of the alternative minimum task -- tax. cluster e-mails, phone calls and tweets. tuesday at 7:00 a.m. eastern on c-span. more about the tax loopholes and deductions that could be involved in negotiations over the fiscal cliff. from our special washington journal series, this is 50 mins. >> we turn our attention today to deductions and tax -- tax loopholes. joining us to talk about this is john mckennan, thank you for being here. what are loopholes and deductions? we hear those words a lot. guest: loopholes or tax breaks of all different sorts. whether you like a particular loophole or not depends on where you sit. there are lots of loopholes that are deductions. deductions are the ones most people are familiar with. the big itemize deductions are things like a home mortgage interest deduction. there is one for state and local taxes that is very important. the deduction for charitable contributions. then they're all kinds of oth
republicans and joined obama to extend the bush era tax rates. first time university law professor looked at the history of the alternative minimum task -- tax. cluster e-mails, phone calls and tweets. tuesday at 7:00 a.m. eastern on c-span. more about the tax loopholes and deductions that could be involved in negotiations over the fiscal cliff. from our special washington journal series, this is 50 mins. >> we turn our attention today to deductions and tax -- tax loopholes. joining us to...
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president obama reiterated that he's on board with entitlement reform and cuts but the republicans have to budge on tax rates for the wealthy. harry reid had this for the republicans. >> i sympathize sympathize with john boehner. the tea party has a firm grip on the republican party. we are not going to twist ourselves into contortions to please a vocal minority of the tea party. >> jennifer: that's fascinating a new approach for harry reid feeling sorry for john boehner. i'm not sure how john boehner feels about that. with me is karl frisch in washington and donny welcome back inside "the war room"." >> it's a party. >> jennifer: yeah, all good stuff. karl i'll start with you. how should democrats be handling this tea party revolt? should they do more to assist speaker boehner? >> we should be throwing gas on the fire. this is an emporer with no clothes. when we were pushed to fiscal cliff it was because john boehner promised something to the president and could not get members of his caucus do the right thing for the american people. >> i don't think we should be putting more gas on t
president obama reiterated that he's on board with entitlement reform and cuts but the republicans have to budge on tax rates for the wealthy. harry reid had this for the republicans. >> i sympathize sympathize with john boehner. the tea party has a firm grip on the republican party. we are not going to twist ourselves into contortions to please a vocal minority of the tea party. >> jennifer: that's fascinating a new approach for harry reid feeling sorry for john boehner. i'm not...